Karen McKinley: Sanctioned by FINRA

Publicly available records provided by the Financial Industry Regulatory Authority (FINRA) on January 23, 2017 indicate that former New Hampshire-based Morgan Stanley broker/adviser Karen McKinley has been permanently barred from acting as a broker or otherwise associating with firms that sell securities to the public. Fitapelli Kurta is interested in hearing from investors who have complaints regarding Ms McKinley (CRD# 5608238).

Karen McKinley has spent seven years in the securities industry and was most recently registered with Morgan Stanley in Manchester, New Hampshire (2009-2016). She was previously registered with Citigroup Global Markets in Manchester, New Hampshire (2009). She is currently not registered with any state or firm. She has passed two securities industry examinations: Series 66 (Uniform Combined State Law Examination) and Series 7 (General Securities Representative Examination).

According to her BrokerCheck report, Karen McKinley has been sanctioned by FINRA and discharged from a former employer.

In November 2016 FINRA sanctioned Karen McKinley following allegations she “failed to provide documents and information requested by FINRA during the course of its investigation into allegations relating to her compliance with pre-trade client confirmations in non-discretionary accounts.” She was permanently barred from acting as a broker or otherwise associating with firms that sell securities to the public.

In August 2016 Karen McKinley was terminated from her position at Morgan Stanley following allegations “regarding employee’s compliance with pre-trade client confirmation requirement in connection with certain trades in non-discretionary accounts.”

If you have lost money investing with Karen McKinley, you may be able to recover your losses. Call Fitapelli Kurta at 877-238-4175 for a free consultation. All cases are taken on a contingency basis: Fitapelli Kurta only gets paid if and when you collect funds. Time to file your claim may be limited, so we encourage you to avoid delay. Call 877-238-4175 now to speak to an attorney for free.